It may also be beneficial to require a co-signer for the lease, especially if the tenants are college students with limited credit history.When writing up the lease, clearly outline the rules and expectations for the property, including noise levels, guest policies, and maintenance responsibilities.

They finally agreed to $105K once they reduced list price to $130K.

This will include CPAs, lawyers, Realtors, contractors, property managers, and financial advisors. 

Alternative options include a cash purchase, requiring significant upfront capital, or a hard money loan with higher interest rates.

The owner reports gross rents of $2750/month (this includes the home plus lot rent). 

The buyer may want to reduce the down payment required to buy a property, preserve capital, increase yield, reduce payment on the loan for a period of time.How does it benefit the owner to carry the loan?

I have a few critical questions:1- Do I need permit for kitchen and bathroom remodeling (which includes changing the layout within its boundaries without expanding it)?

When you list your properties, you can include in the listing that you're willing to accept Section 8 applicants. 

We agreed on a section 8 tenant stabilization plan, and after their first full month of taking over, here's how we're doing: Total Properties: 11Total Rent To Collect: $10,240Historically, under Own It Detroit (Mutual Property Management) -- monthly totals of rent collected on the first and before the 5th was typically $1200 LogicPM has inherited tenants who for the past 6-8 months were told as long as payments come in before the end of the month, partial payments included, you're okay.

How does the property do if you use 50% of rent as expenses not including P&I?